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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Jan 28, 1942
Page
22
Chicago market notes mixed hog prices with best offerings at 11.85 and Tuesday’s top at 12. Some butchers and sows showed 5 to 10 cent gains. Undertone steady. steers and yearlings steady to 25 cents lower. cows bulls and dealers steady. Fat lambs up 15 cents in active dealings.
Receipts across Chicago Des Moines Sioux City Mason City and Omaha show hogs steady to 15c higher in places with top prices around 11.65 and 11.50 for various weight classes. Cattle and calves trend mostly steady to lower, with select loads reaching 14.75 to 14.50 for choice steers and heifers around 12.50 to 13.50. Sheep and lamb trade mixed with fat lambs fragile but some strong bids for choice fed lambs. Iowa and Nebraska reports note lighter activity and sluggish demand in parts while western markets show uneven gains and steady sow prices.
Local hog prices weaken as prime grades fall by a dime and packers down a nickel. Reports show varied hog weights from 140 to 500 pounds with several price points, while cattle prices for steers and yearlings mix gains and declines across weight classes.
Grain Wheat No 1 at 117 No 2 112 Oats new white No 2 56c No 3 53c Rye No 2 60c Barley No 3 35 45c Corn shelled No 2 yellow 7642¢ new No 3 74ac Soybeans No 2 yellow 180 Bay and straw baled tame 1600 baled straw 1000 Poultry Hens 4lbs and up 16c Leghorns 12c Heavy stars 13c Leghorn stars 11c Heavy cocks 10c Leghorn cocks 6c Capons Ducks 14c Geese 1c Thin and crooked breasted No 3 2c Ducks Henneries 29c No 126 Wholesale Fruits Vegetables Colorado celery 4.00 Lemons 6.50 Oranges 3.78 Lettuce 4.00 Grapes Emperor 2.50 Califlower 2.00 Sweet potatoes 1.75 Onions 2.75 New cabbage 3.25 Carrots 2.50 Potatoes No 1 Russell 3.23 Texas grapefruit 1.90 Jonathan apples 2.25 California produce notes Prices vary Market notes include hides and calf prices No 1 cured hides 12c No 2 cured hides 11c No 1 calf hides 13 4c No 2 calf 12c No 1 kip 12 4c No 2 kip 14 4c No 1 horse 86 28 No 2 horse 4 75 Pony and clue sale size etc
The wall street stock quotations list includes Abbott Lab Alaska Juneau Allied Chem Allied Stores Amn Steel Ford Motor Company and many others with prices and change figures. The report lists companies across industries including manufacturing oil utilities and retail with figures for IBM General Electric and US Steel among prominent names.
Wisconsin cheese quotations for the week January 26 to 31 show varied quotes for twins horns and cheddars. The Mississippi River stages report across Davenport La Crosse Dubuque McGregor Keokuk St Louis and Memphis shows small rises and no change in several locations.
The Chicago market shows steady receipts for poultry with hen fruit and other items reported. Buyers see varied price quotes for scores and grades, with heavy hen offerings and mixed carriage data across loads.
New York shares drifted lower at midday with minor fluctuations. Major components slipped fractionally while several motors and specialties showed resistance, including United States Steel, Western Union, Standard Oil NJ, Texas Company, Chesapeake and Ohio, Boeing, American Telephone, Chrysler, Goodyear, Union Carbide and Paramount.
New York bond market shows slight pullback after a brief January rise with rail loans softening. Most issues fall about a point by midday, while foreign issues like Australia and New South Wales rise about a point. Argentine bonds under pressure and U S government issues hold near unchanged to small gains in over the counter trades.
Secretary of Agriculture Wickard warned against unwarranted price increases for farm products. Grain futures fell sharply at the Chicago Board of Trade with corn and soybean options dropping their limits before a partial rebound. Rye and wheat also moved down amid erratic trading and later modest recoveries.
Market listings show Winnipeg wheat and onion bids with May and July dates and small percentage changes. Chicago futures detail Old No 1 yellow corn prices, No 2 yellow, No 3 and No 4 oats, barley, and seed prices with currency values and assorted grades for livestock feed and crop seeds.
Funeral services were held for E C Cornelius 67 a Cedar Rapids merchant after a heart illness. He was born in Grand Island Neb learned butchery, married Clara Jurgens, and leaves two sons a twin sister and two other sisters along with two half sisters. Services were in Cedar Rapids and burial at Oak Hill. Also noted were services for Douglas Schmidt age 4, Monticello Reade family and Mrs Fred Reinman with multiple survivors across Iowa and Switzerland.
Lost brown leather billfold with identification and money inside. Reward offered. Lost initials GM billfold contact 2-5956. Also a second lost billfold with reward. Dial 2-7253.
Classified notice advertising Fidelity Employment Service at 10615 2nd Ave offering reliable help with many daily openings including stock room, filling station, experienced waitresses, teachers. Central Employment Agency Granby Trade Schools and instruction noted.
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